Autodesk Inc (ADSK)

Return on total capital

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 1,210,000 1,128,000 1,090,000 1,012,000 992,000 989,000 855,000 792,000 698,000 618,000 659,400 634,400 632,500 629,100 578,500 521,100 448,800 343,000 249,500 153,600
Long-term debt US$ in thousands 2,285,000 2,284,000 2,283,000 2,282,000 2,282,000 2,281,000 2,280,000 2,279,000 2,279,000 2,277,900 2,626,800 1,638,400 1,637,900 1,637,200 1,636,600 1,636,100 1,635,600 1,635,100 1,290,300 1,389,800
Total stockholders’ equity US$ in thousands 2,161,000 1,855,000 1,482,000 1,206,000 897,000 1,145,000 906,000 740,000 681,000 849,000 1,280,000 1,328,000 1,128,000 965,000 69,300 67,300 -139,100 -139,000 -171,500 -194,300
Return on total capital 27.22% 27.25% 28.95% 29.01% 31.20% 28.87% 26.84% 26.23% 23.58% 19.76% 16.88% 21.39% 22.87% 24.18% 33.91% 30.59% 29.99% 22.93% 22.30% 12.85%

April 30, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,210,000K ÷ ($2,285,000K + $2,161,000K)
= 27.22%

Autodesk Inc's return on total capital has shown fluctuations over the past few years. The return on total capital has generally been positive and has ranged from as low as 12.85% in July 2019 to as high as 33.91% in October 2020.

In recent periods, the return on total capital has been relatively stable, hovering in the mid to high 20% range. This indicates that Autodesk has been generating a solid return on the total capital employed in its operations. It is important for investors and stakeholders to monitor this ratio over time to assess the company's efficiency in utilizing its capital to generate profits.